Stablecoins & Markets
Kim Min-jun
Coverage focuses on reserves, redemption and the flow of money through digital-asset markets.
View articlesUSD1 (World Liberty Financial)
USD1 is a US dollar-backed stablecoin issued by BitGo Bank & Trust, N.A. Regulation: issued by BitGo Bank & Trust, N.A., a national trust bank chartered and supervised by the OCC. It is not on ESMA’s list of e-money tokens authorized under MiCA.
- Ticker
- USD1
- Issuer
- BitGo Bank & Trust, N.A.
- Pegged to
- US dollar
- Type
- Fiat-backed
- E-money token under MiCA
- No
- Accounting firm or verifier
- KPMG LLP
- Latest reserve report
- August 31, 2026
- Supply
- 4,195,303,689 USD1
- Supply as of
- August 31, 2026
- Transparency page
- bitgo.com
- Checked on
Redemption assets of $4.20 billion on August 31, 2026: $1.13 billion in deposits at US banks and $3.07 billion in a government money market fund. Reserve reporting: monthly. Accounting firm or verifier: KPMG LLP. The latest report covers August 31, 2026. Supply: 4,195,303,689 USD1 as of August 31, 2026, according to the issuer.
Only registered BitGo clients in good standing can mint and redeem, from $100 to $100 million per transaction. Fees depend on the asset and are shown in the platform. The issuer lists 6 networks where the token is issued natively: Ethereum, BNB Smart Chain, Solana, Tron, Aptos and Tempo.
- Token name
- USD1
- Brand
- World Liberty Financial
- Regulation
- Issued by BitGo Bank & Trust, N.A., a national trust bank chartered and supervised by the OCC
- Reserves
- Redemption assets of $4.20 billion on August 31, 2026: $1.13 billion in deposits at US banks and $3.07 billion in a government money market fund.
- Reserve reporting
- Monthly
- Latest report
- landing.bitgo.com
- Supply, millions of tokens
- 4,195.3
- Redemption
- Only registered BitGo clients in good standing can mint and redeem, from $100 to $100 million per transaction. Fees depend on the asset and are shown in the platform.
- Networks (native issuance)
- Ethereum, BNB Smart Chain, Solana, Tron, Aptos, Tempo
- Number of networks
- 6
- Website
- worldlibertyfinancial.com
- Sources
Page URL BitGo - USD1 Attestations https://www.bitgo.com/usd1/attestations/ USD1 Reserve Attestation Report August 2026 (KPMG) https://landing.bitgo.com/rs/552-OGK-141/images/USD1_Reserve_Attestation_Report_August_2026.pdf?version=0 USD1 Reserve Attestation Report June 2026 http://landing.bitgo.com/rs/552-OGK-141/images/USD1_Reserve_Attestation_Report_June_2026.pdf USD1 Reserve Attestation Report December 2025 https://landing.bitgo.com/rs/552-OGK-141/images/USD1_Reserve_Attestation_Report_December_2025.pdf?version=0 WLF docs - What is USD1 https://docs.worldlibertyfinancial.com/usd1-token/what-is-usd1 WLF docs - Attestation reports https://docs.worldlibertyfinancial.com/usd1-token/attestation-reports WLF docs - Proof of Reserves https://docs.worldlibertyfinancial.com/usd1-token/proof-of-reserves BitGo Coin Minting & Redemption Services Terms https://www.bitgo.com/legal/bitgo-coin-minting-services-terms/ BitGo Additional Terms https://www.bitgo.com/legal/bitgo-additional-terms/ BitGo Resource Center - BitGo Mint https://support.bitgo.com/support/solutions/articles/158000440951-bitgo-mint BitGo - Stablecoin Reserves https://www.bitgo.com/stablecoin-reserves/ OCC Corporate Decision 1392 (lists BitGo Bank & Trust conditional approval CA 1353, Dec 12 2025) https://www.occ.gov/topics/charters-and-licensing/interpretations-and-decisions/2026/cd1392.pdf ESMA interim MiCA register: e-money token issuers https://www.esma.europa.eu/sites/default/files/2024-12/EMTWP.csv
